Bitcoin is rising, oil prices are rebounding, and uncertainty in the Middle East continues.

Bitcoin rose, hitting a one-month high for the second consecutive day, while oil prices rebounded amid ongoing uncertainty in energy supply. Analysts at IG stated in a report that due to the Middle East conflict and high energy prices, cryptocurrencies are gaining some safe-haven appeal. They noted that crypto assets are not affected by high oil prices, allowing them to rise while the stock market falls. After a significant decline at the end of 2025 and early 2026, Bitcoin has continued to gradually recover, although still far below the historical high of over $126,000 set in October. Data from the London Stock Exchange shows that Bitcoin rose 0.2% to $74,414, hitting a high of $75,983 earlier.